Released on = October 18, 2006, 7:14 pm

Press Release Author = Arjun Gupta

Industry = Financial

Press Release Summary = Arjun Gupta is the Founder and Chief Executive of TeleSoft
Partners, a venture capital firm focused on high-tech startups. He has over 20 years
of experience working with technology companies in venture capital, consulting and
design engineering roles. At TeleSoft, Arjun manages capital commitments of $625+
million and has established Corporate Partnerships with Alltel and Bechtel in the
US, Deutsche Telekom in Europe and Comverse in Israel

Press Release Body = Arjun Gupta is the Founder and Chief Executive of TeleSoft
Partners, a venture capital firm focused on high-tech startups. He has over 20 years
of experience working with technology companies in venture capital, consulting and
design engineering roles. At TeleSoft, Arjun manages capital commitments of $625+
million and has established Corporate Partnerships with Alltel and Bechtel in the
US, Deutsche Telekom in Europe and Comverse in Israel.

Over the last decade Arjun has overseen investing in and helping build 50+ private
companies, resulting in 20+ acquisitions and IPOs to date with a market value
equivalent of ~$13 billion (post bubble). Based on the recent private equity IRR
data (disclosed by CalPers, CalSTRS, UTIMCO, University of California, University of
Michigan and Washington State) on 590+ private equity funds from 1981-2002,
TeleSoft-1 would be the #3 fund by performance.

Arjun serves on the Board of Directors of Calient Networks, CreekPath Systems,
Knowledge Adventure, LogLogic, Matrix Semiconductor, Sierra Design Automation,
Validity Sensors, VoiceObjects, and the Red Herring. Arjun also served on the board
of Omnipoint as a private company through its IPO (NASDAQ: OMPT) until its
acquisition by Voicestream for $10+ billion in 1998 (subsequently Voicestream was
acquired by Deutsche Telekom for $50+ billion to form T-Mobile USA). Earlier in his
career, Arjun was a Strategy Consultant for high-tech clients with McKinsey &
Company, and a Software Engineer with Tektronix, Inc. He is also President of the
AVG Foundation, which supports community projects in education, medical research and
the arts.

Arjun received an MS and BS in Computer Science from Washington State University and
has an MBA from Stanford University. He is a Henry Crown Fellow at the Aspen
Institute.


Web Site = http://www.telesoftvc.com

Contact Details = Arjun Gupta